Welcome Home(Karibu Nyumbani) mortgage loans from KCB for financing the purchase of ready-built homes.

    September 09, 2014   No comments

In kenya the need for quick and ready made homes is increasing.Financing rent payment appear to be more expensive in the long run than getting a mortgage loan from lenders and finance the purchase of a ready-built house.Whenever young Kenyans get employed,especially where accommofation services are poor or absent,they tend to look for affordable residential estates to buy houses or rooms.
Thanks to Kenya Commercial Bank (KCB) with this new age Welcome Home Mortgage Loan package.KCB went ahead and made partnerships
with the nation's most popular real estate developers to make it easy for you to own a home anywhere you like.Some of the most popular residential estates right now where Welcome Home mortgage loan borrowers can select their homes include but not limited to;Cherryville apartments in Nairobi, Sunset apartments in Mombasa,Jacaranda gardens in Kiambu,sheshe gardens,Ngoigwa estate in Thika Town,Olosinya villas in Nanyuki,Trent villas in Karen,Ocean7 luxury apartments,Bianca villas, Nilya Court in Syokimau.If you are ready to own a home, then this is your time.
Let take you through the features of this loan faculty;
.Loan applicant can get up to 105% mortgage financing.This simple means ,you will purchase your home and still have some 5% of the money remaining for other small purchases.
Its a mortgage package for ready-built residential home financing.Therefore ,its not for financing the purchase of business stalls.
.Each home to be purchased is valued.The lowly valued home should cost kh300000 and this,therefore, is the minimum loan amount.
.Depending on the loan amount applied for,the interest rate will be 12.9% or above.
.Loan repayment period will again depend on the amount applied for.
Interested? Visit your nearest KCB branch and apply today.Any query? Comment with your personal question below.I will ask the bank for the same before getting back to you in no time.
Wish you good as you apply for this loan.
Karibu Nyumbani.                
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Mwabaya Katana

Posted By Mwabaya Katana

Mwabaya Katana is a Personal Finance online writer.He is the founder of 'Loans Kenya' Blog.

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